Address
12 Main Street N, Markham, ON
Price
$ 2,200,000
Property Attributes
  • ID#N13606700
  • TypeCommercial
  • Listing Status Active
  • MunicipalityMarkham
  • CityMarkham
  • NeighbourhoodOld Markham Village
  • Postal CodeL3P 1X2
  • StyleRetail
  • Price$ 2,200,000
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2516
Data Source:
RLP - CREA EN
Property Description

THE CORNER OF HERITAGE & OPPORTUNITY Prime Commercial Property For Sale - Old Markham Village. Markham Rd (Main St) & Highway 7. Welcome to the crown jewel of Old Markham Village-a designated historic building commanding the busiest intersection in one of Ontario's fastest-growing communities. Positioned directly on the corner of Main Street and Highway 7, this is not merely a building; it is a landmark, a destination, and a golden ownership opportunity. LOCATION: Highway 7 delivers 40,000+ daily commuters, while Main Street offers charming foot traffic from locals and tourists. Your brand captures mass exposure and boutique village patronage-a marketing dream. FINANCIAL ADVANTAGE: As a designated historic property, you qualify for about 18-20% Heritage Property Tax Reduction on municipal and education taxes-saving you about $2,000-$3,000 annually. Over a decade, that's up to about $30,000 in pure savings directly boosting your ROI.VERSATILE ZONING Fully approved for Commercial Office and Restaurant use-no speculative waiting. Currently operating as medical clinics with 4 established physicians, providing immediate rental income and a seamless transition. Restaurateurs capture dinner crowds; professionals gain 24/7 brand visibility and client-trusting heritage ambiance.7 EXCLUSIVE PARKING SPACES In a village where street parking is scarce, these 7 spaces are a strategic asset-driving higher property value and tenant demand. INVESTMENT THESIS: This is a recession-resistant, appreciating asset. Historical designation prevents over-development, protecting your value. With premium rent potential, tax rebates lowering hold costs, and surging Markham land values, this trophy asset offers exceptional long-term equity growth. WHY WAIT? Properties like this rarely hit the open market. Secure your flagship restaurant, expand your practice, or diversify with a generational asset today.

General Features

Zoning MU-HMS
Terms SALE
Neighbourhood Old Markham Village
Property Sub Type RETAIL
jumpId 28811195
Property Subtype French Retail
Listing Type French Commercial
MLS N13606700
Appliances Dryer, Microwave, Washer, Window Coverings
Property Type Retail

Interior Features

Living Area Range 2516 sqft
Bedrooms {}
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air, Baseboard heaters

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L3P 1X2

Price
AVG $2.2M
$2.2M